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Posts Tagged ‘Insurance’

Do I report Health Insurance Premiums paid on the 1099-MISC?

02 Sep

It’s driving me nuts! We’re an LLC and everything I’ve read has just confused me more, and people I’ve talked to have conflicting opinions. Do I need to report our health insurance premiums paid to our plan provider on the 1099-MISC?

 
3 Comments

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I got rear ended and the guy who hit me is pressuring me – should i get insurance involved?

31 Aug

The person in front of me was tail gating the person ahead of him so I was trying to keep distance and my brakes were on/off. The guy behind me crashed into me from behind.
There was minor damage to my car – deep scratches that need a paint job and the left bumper that almost came off. He had a dent in his hood. He was very apologetic claiming it was his fault. He was willing to pay for all the damages and felt very bad about the situation. He said that if insurance gets involved, the higher our rates would go up but said it was all up to me in what I wanted to do. We exchanged information and was willing to fix my car as soon as possible. He called me and did his research in which we would get my car fixed.

My back is hurting badly now and I’m going to get it checked now. He just called me up asking if he can meet up again to take pictures of my car. Thing is why would he want to take “better pictures” of my car? Don’t you have to go show the people? I just got off the phone w. him and he said that I have minor damages compared to his dent in the hood. He believes that because I suddenly braked, he braked as well causing his hood to slide under my back…. He pretty much made it seem like what he did was very minor. I didn’t meet up w. him b/c my parents drove another car to take me to the Dr. and got upset and was suspicious and accused me of illegal fraud? I killed him back w. kindness and he was being nice saying he wanted to fix my car ASAP. He really scared me last night and I’m feeling pressure b/c he wants to fix it NOW.

IS HE POSSIBLY TRYING TO TURN THIS THING AROUND NOW??
isn’t it ilegal too if he tries to fix it?

 
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Why is my car insurance quote so high?

31 Aug

I have been to CompareTheMarket for a quote on car insurance, and the cheapest quote was around £5,000 for a car that costs £250. Why is my quote so high? I’m a first time driver living in an area with a fairly high crime rate.

After changing the address to my girlfriends the quote came down to £2,000. This is still way too much considering the cost of the car! Is there any way to bring the insurance cost down? I wont be able to afford to drive at this rate.
I’m from the UK.

 
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Am i paying too much for car insurance?

29 Aug

I am in my early 30s. A single male, no kids.
I have a pretty much spotless driving record. The only ticket i have had in the past 10 years that i can think of off hand was for not using a turn signal, that was over a year ago. Other than that, nothing in around 10 years. No claims on my insurance in over 10 years either.
I drive a 2001 Ford ZX2, its a compact car-for those not familiar with it , it would be similar to a Chevy Cavalier or Dodge Neon.
Oh, im paying $700 every 6 months for full coverage car insurance through Nationwide. I have been with them ever since i started driving.
This seems like alot. Is it? My friends tell me im overpaying, yet when i call around other places to get quotes i never find anything cheaper. In fact several places have told me to stay where im at.
I dont have a problem paying it, but im just trying to find out if this sounds about right and fair as far as the price goes.
Anyone out there a insurance agent?

 
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Am I obligated to pay on insurance premium when car is stolen?

29 Aug

Car stolen 4 weeks ago, considered total loss.

 
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Are annuity health insurance premiums deductible?

26 Aug

My husband gets a government pension. His health insurance premiums are deducted from the annuity payments each month. (I don’t know yet if the premiums are paid with pre-tax or post-tax dollars, looking into it.) Are those premiums deductible in the medical expenses area of our federal income taxes?

 
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Car insurance cheaper if car is registered in two names?

26 Aug

Hey everyone, I may be purchasing a new car soon and I was wondering if the car insurance would be cheaper if we registered the car in both my wife’s and my name, versus just mine?

Thanks

 
7 Comments

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Why car insurance quote is so high?

22 Aug

I got quoted by allstate for 1180/6 months for full coverage on a 2010 Toyota Corolla. I am 22 years old and have a pretty clean record, what the heck is going on?

Where can I get cheap insurance?

 
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Will health insurance premiums ever be tax-deductible?

20 Aug

I purchase my own health insurance. The one thing in health reform that would have helped people like me would have been to allow the deduction premiums from our taxes, just like people with employer-provided insurance and self-employed individuals can do.

Now that people will have to be purchasing health insurance, will they have to pay with after-tax dollars too? I haven’t heard of anything in the bill that addressed this. You’d think with 2000+ pages they could have squeezed this in.

 
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What is the cheapest car insurance for teens to buy themselves?

16 Aug

I’m 19 years old and shortly will buy my own car. I’m trying to be independent and need to buy my own affordable car insurance for my car. The quotes from name brand insurance co. like geico and progressive are between $800-$1300/mo. That is so crazy and obviously cannot afford that. Does anybody know where I can find reasonable priced insurance (non name brands) that just covers the minimum? My budget is $100 and less. BTW, I live in SouthFlorida.
FYI: I actually just got my driver license and never drove before!!

 
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Will this raise my car insurance premium?

16 Aug

I was driving when a deer popped out from the side and I had to swerve to avoid it. I got out okay but the car didn’t. It hit the nearby iron fence, completely tearing the front bumper, the left side mirror, and basically denting the entire left side of the car. The right side is completely in tact and still looks fine.

I think it’s just all exterior damage. The car still runs fine (it was fine enough for me to drive it home and when I opened the hood everything was intact).

Does insurance cover this and will this raise my premium quite a bit?
yes, it is all superficial. The airbag didn’t even deploy, so I doubt the crash was intense enough to mess with anything important (i.e: chasis). I just slammed the side of the car into the fence (although I’m still perplexed at how the bumper could have came off).

 
5 Comments

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Cheaper Car Insurance For Teenage Drivers?

14 Aug

Can you help. I priced car insurance for my 16 year old son, and my premium will almost triple.

I know all of you will post that he should just get a job, and that is fine, but I want him to save money for college, not to make an insurer rich. OK?

 
10 Comments

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Out of curiosity, does anyone know why car insurance is CHEAPER when you add your partner on?

14 Aug

I did my insurance quote for my Ford Focus

 
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If you itemize, can you deduct health insurance premiums that you have paid?

13 Aug

I used the free version of Tax Act and was surprised when a box popped up and asked me for the amount of health insurance premiums I had paid.

 
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Is insurance cost any different if i have a 4WD vehicle, compared to a 2WD vehicle?

11 Aug

I will be getting my first vehicle, fairly soon. I would really like to get a truck with 4WD, but my parents say that insurance for a 4WD is alot. Is it? and if it is, how much is it?
Some info that may help :I am male, i will be driving my own car when im 16 in 5 months, and we have century 21.

 
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